ESOP29 Jun 2026, 05:40 pm
M&M Employees' Trust Transfers 63,397 Shares Under ESOP
AI Summary
Mahindra & Mahindra Ltd has announced the transfer of 63,397 equity shares to employees under its Employees' Stock Option Scheme. This action is in compliance with the company's undertaking to the stock exchanges at the time of listing shares allotted to the Mahindra & Mahindra Employees' Stock Option Trust. The transfer occurred on June 29, 2026, pursuant to the exercise of stock options granted to various employees. The filing includes a detailed list of 63 grantees and the number of shares transferred to each.
Key Highlights
- 63,397 shares transferred to employees via ESOP.
- Transfer executed on June 29, 2026.
- Compliance with stock exchange listing undertaking.
- Details of 63 individual grantees provided.
- Part of the company's employee incentive program.
Price Impact
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